Abbreviated Company Accounts - LANGHOLM (MANAGEMENT) COMPANY LIMITED

LANGHOLM (MANAGEMENT) COMPANY LIMITED - Company Information

Registered Number 01430685

LANGHOLM (MANAGEMENT) COMPANY LIMITED

Abbreviated Accounts

31 March 2015

LANGHOLM (MANAGEMENT) COMPANY LIMITED Registered Number 01430685

Abbreviated Balance Sheet as at 31 March 2015

	2015	2014
	£	£
Current assets
Debtors	3,496	3,428
Cash at bank and in hand	22,471	22,629
	25,967	26,057
Creditors: amounts falling due within one year	(750)	(1,069)
Net current assets (liabilities)	25,217	24,988
Total assets less current liabilities	25,217	24,988
Creditors: amounts falling due after more than one year	(1,440)	(1,440)
Total net assets (liabilities)	23,777	23,548
Reserves
Other reserves	23,777	23,548
Members' funds	23,777	23,548

For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 11 November 2015

And signed on their behalf by:
Miss S E Iles, Director

LANGHOLM (MANAGEMENT) COMPANY LIMITED Registered Number 01430685

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).

Turnover policy
Turnover represents maintenance fees receivable from the lessees.

Other accounting policies
Property Maintenance Fund
An annual transfer is made to or from this reserve for meeting repair and redecoration costs.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.